ICOs are a combination of donating and investment. Knowing that some frauds exist in the industry, the community has adopted self-governing best methods and principles concerning ICOs. Multiple platforms promised due-diligence of projects before enlisting them and giving the financial compensation the project team for accomplishing some pre-defined objectives. People also demanded multi-signature system to increase safety.
Some ICOs use a single Bitcoin public address to raise funds. This method is bad for privacy, but on the other hand, it is good when it comes to audit the money raised. Other ICOs use cryptocurrency protocols that already exist to create tokens. This simplifies the creation process. Some examples of protocols are NTX, Bitshares, NEM, Factom, Lisk or Counterparty.

Ethereum, ZCash, Monero, Ripple, Litecoin – these are the most popular ones. Their market share might not be as large as Bitcoin’s, but they offer interesting and useful features, such as increased privacy, anonymity, ease of transaction or even the ability to create your own cryptocurrencies on the main blockchain, as is the case of Ethereum.

Here, I would like to highlight that Ethereum plans to switch from Proof-of-Work (PoW) based mining to Proof-of-Stake (PoS) mining. Once Proof of Stake is released. We will definitely see an unprecedented increase in price.

AMD- Advanced Micro Devices brand GPU’s
Nvidia – Nvidia Brand GPU’s

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